Yields on 10-Year Treasury Note moved lower, trading to 4.16%, the lowest level since early May. The settlement marked the first close below 4.20% since late April. Volatility, as measured by the CVOL index, has been trending higher, despite the drop in yields. The market is now looking ahead to tomorrow's employment report, with expectations of a gain of 75,000 jobs, followed by a week that will include BLS revisions, CPI and PPI data.
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